Netmarble’s Profit Surpasses $1 Billion Thanks to Mobile Gacha Game

As the year progresses, we start receiving financial reports from companies – so let’s review them Netmarble Corp. Revenues for the second quarter of 2024 and check where the most money is and which game will be the best.

Netmarble, the successful developer and publisher behind mobile games like Solo Leveling: Arise, Ni no Kuni: Cross Worlds, and the upcoming Seven Deadly Sins: Idle Adventure, has had a truly great year thanks to the launch of Solo Leveling.

Q2 marks Netmarble’s highest quarterly revenue ever, raking in over $570 million worldwide, up 29% year-over-year. Operating income is $82.44 million, and net income is $120.30. Keep in mind, that’s just for the quarter from April 1 to June 30 – so that’s a pretty impressive number! Want to know the next big number? Total sales for 2024 are over $1 billion, including both quarters.

Interestingly, North America came first in terms of revenue share with 40%, followed by Korea (24%), followed by Europe (13%), Southeast Asia (10%), Japan (6%) and other regions with a lower share of 7%.

These aren’t the only interesting numbers – it turns out that Netmarble’s top-grossing genre is RPGs with a staggering 45% of profits, followed by casual games with 34% and MMORPGs with 15%. Unsurprisingly, the top-grossing title this quarter is Solo Leveling: Arise, but Marvel Contest of Champions and The Seven Deadly Sins: Grand Cross also made significant contributions.

However, it looks like Netmarble doesn’t intend to stop there and is gearing up to release The Seven Deadly Sins: Idle Adventure, Demis Re:Born, and King Arthur: Legends Rise before the end of 2024.

Do you like the sound of Netmarble games? Well, you can check out all the Solo Leveling Arise cheats here and read our Solo Leveling Arise review for more information.